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In this Excel tutorial, the presenter teaches beginners how to hide formulas in a worksheet. To begin, select the entire worksheet and navigate to Format, then Format Cells, and in the Protection tab, uncheck the 'Locked' option. After clicking OK, the next step is to select all cells containing formulas by going to the Home tab, clicking on Find and Select, then Go To Special, and choosing 'Formulas.' Once the formula cells are selected, the tutorial guides viewers to format these cells again under the Home tab and Format Cells, enabling them to hide the formulas so they are not visible when the cell is clicked.